Filing Flows › Noble (NE) › Q3 2026 › vs Q3 2025
Noble (NE) Q3 2026 vs Q3 2025 (year over year)
Noble's revenue fell $69.3M (-9%) from $798M in Q3 2025 to $729M in Q3 2026. The biggest changes: Oil and Gas Service −$73.8M (-10%); Service, Other +$4.5M (+11%).
Noble, Q3 2026: revenue $729M (-9% year over year), operating margin 8.2%, net loss $117M, operating cash flow $144M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Floaters | $563M | $630M | −$66.8M | -11% |
| Jackups | $120M | $127M | −$7.0M | -5% |
| Oil and Gas Service | $684M | $757M | −$73.8M | -10% |
| Service, Other | $45.1M | $40.6M | $4.5M | +11% |
| Revenue | $729M | $798M | −$69.3M | -9% |
| Net loss | $117M | $21.1M | $95.9M | +455% |
| Costs & expenses | $846M | $819M | $26.7M | +3% |
| Operating costs | $669M | $748M | −$78.9M | -11% |
| Interest & other, net | $44.1M | $39.8M | $4.3M | +11% |
| Income tax | $133M | $31.7M | $101M | +319% |
| General & admin | $27.3M | $33.3M | −$6.0M | -18% |
| Other operating costs | $641M | $714M | −$72.9M | -10% |
| Operating cash sources | $261M | $298M | −$36.7M | -12% |
| Share-based compensation | $2.5M | $7.5M | −$5.0M | -67% |
| Working capital & other | $259M | $291M | −$31.7M | -11% |
| Net loss absorbed | $117M | $21.1M | $95.9M | +455% |
| Operating cash flow | $144M | $277M | −$133M | -48% |
| Capital expenditures | $192M | $138M | $54.3M | +39% |
| Negative free cash flow (OCF − capex) | $47.5M | −$139M | $187M | — |
Questions
How much did Noble's revenue grow year over year in Q3 2026?
Noble's revenue fell $69.3M (-9%) from $798M in Q3 2025 to $729M in Q3 2026.
What drove Noble's revenue change in Q3 2026?
Oil and Gas Service −$73.8M (-10%); Service, Other +$4.5M (+11%).